Private equity firm the Riverside Co. made its 300th acquisition with its purchase of Learning SeatPty Ltd., a Melbourne, Australia-based developer of electronic learning courses. The deal is one of the latest transactions in a trend of education M&A this year.

The corporate, healthcare and government sectors use the target’s online compliance and professional development courses.

The Wingate Group served as the company’s investment banker for the deal. The Commonwealth Bank of Australia provided financing for the transaction.

Riverside is a private equity firm that focuses on businesses valued up to $200 million. The company has 33 education and training specialization investments.